La Colombe Exploring Capital Raise
La Colombe, a premium coffee manufacturer and retailer, has retained the services of Boston-based investment bank Moelis & Company to explore a capital raise at a valuation of over $1 billion.
La Colombe, a premium coffee manufacturer and retailer, has retained the services of Boston-based investment bank Moelis & Company to explore a capital raise at a valuation of over $1 billion.
Just a year after La Colombe released its Draft Late, the company is announcing its lineup of new products, including seasonal flavors, a single-origin organic Pure Black and a line of innovative concept beverages.
The second day of BevNET Live Winter 2017 at the Loews Beach Hotel in Santa Monica, Calif. took a deep dive into the internet’s total reconstruction of the marketplace.
For limited-time only, La Colombe debuts its seasonal-batch Peppermint Mocha Draft Latte – made with expertly roasted cold-pressed Nizza espresso and fresh milk, combined with real, dark chocolate and peppermint extract. Available at retailers nationwide, online, and in La Colombe cafes beginning November 6.
In this week’s episode of Taste Radio, we spoke with Hint Water founder/CEO Kara Goldin about how her experiences in tech helped shape the business strategy for the brand, which is nearing $100M in annual sales. We also speak with Billy Bosch, the co-founder/CEO of Iconic, who offered insight into lessons learned and key takeaways from his journey as an entrepreneur. And in the latest edition of Elevator Talk, we chat it up with Mikaela Ray, the Owner/CEO, of Mikaela’s. This episode is presented by Sovereign Flavors.
NOOMA secures national distribution at Whole Foods and Life Time Fitness, Kroger expands its functional beverage set, and La Colombe’s Draft Latte lands at Trader Joe’s.
Available exclusively online, and in select retailers nationwide, La Colombe is delivering a true fall classic with no artificial ingredients and a fraction of the sugar found in competing offerings.
In short, the life of Todd Carmichael can be defined by his zealous thirst for adventure and his unbridled passion for coffee. Brevity, however, doesn’t quite capture the scope of Carmichael’s incredible journey as the co-founder and CEO of super-premium coffee company La Colombe.
La Colombe’s canned Draft Latte has been on the market for just over a year, but the innovative beverage is now the fastest growing RTD coffee in the U.S., according to the premium coffee manufacturer and retailer, which cited recent sales data from market research firm IRI.
Todd Carmichael, the co-founder and CEO of La Colombe, says he has a “firm belief that nothing is ever truly finished.” He is, however, content with the recent completion of the company’s 60,000 sq. ft. production facility, one that will support a dramatic increase in the distribution and retail placement of its RTD Draft Latte products.